Average receipts per theater for the movie chicago

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The file chicago.txt contains daily average receipts per theater for the movie Chicago (January 3, 2003 to April 18, 2003). Analyze the data set using time series methods. This series may have a trend as well as seasonality (day of the week). The goal of the analysis is to estimate the trend, seasonal components, model the stationary part and check how well the estimated model is able to do forecasting. Perform a complete analysis including transformations, estimation of trend, seasonal components and a model for the stationary part. Prepare a thorough report as you would do for a client. This report should include all the steps used in the analysis, their justifications (relevant plots, diagnostics etc.), computer codes and your conclusions. Also comment on the possible improvements (if needed) that can be made on your analysis. Please cut and paste the relevant portions from your computer commands and printouts.

Reference no: EM131048257

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